IPG Photonics Corporation (NASDAQ:IPGP) Receives $89.33 Average Price Target from Brokerages

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) has been given an average rating of “Moderate Buy” by the nine analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $89.3333.

A number of equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and lifted their price target for the stock from $68.00 to $105.00 in a research note on Wednesday, November 5th. Stifel Nicolaus set a $92.00 price objective on shares of IPG Photonics in a research note on Tuesday, November 4th. Benchmark reissued a “hold” rating on shares of IPG Photonics in a report on Wednesday, December 10th. Finally, Roth Capital set a $96.00 target price on shares of IPG Photonics and gave the stock a “buy” rating in a research report on Monday, October 6th.

Check Out Our Latest Analysis on IPGP

Insider Transactions at IPG Photonics

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13. Following the sale, the insider owned 6,926,099 shares in the company, valued at $527,283,916.87. This represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $82.10, for a total value of $2,873,500.00. Following the transaction, the insider directly owned 6,849,837 shares in the company, valued at approximately $562,371,617.70. This represents a 0.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 474,093 shares of company stock valued at $37,847,094 over the last quarter. Insiders own 39.50% of the company’s stock.

Institutional Trading of IPG Photonics

Several institutional investors have recently added to or reduced their stakes in the business. True Wealth Design LLC lifted its position in shares of IPG Photonics by 1,621.7% in the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after buying an additional 373 shares during the last quarter. Versant Capital Management Inc grew its position in shares of IPG Photonics by 51.1% during the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 116 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in IPG Photonics by 207.1% during the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 290 shares during the period. EverSource Wealth Advisors LLC raised its stake in IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 578 shares during the period. Finally, Signaturefd LLC lifted its holdings in IPG Photonics by 76.9% in the second quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock worth $52,000 after acquiring an additional 332 shares during the last quarter. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Price Performance

Shares of IPG Photonics stock opened at $74.64 on Monday. IPG Photonics has a 1-year low of $48.59 and a 1-year high of $92.21. The company has a market capitalization of $3.14 billion, a PE ratio of 122.35, a P/E/G ratio of 19.93 and a beta of 1.02. The business has a 50-day moving average of $82.52 and a 200-day moving average of $78.41.

IPG Photonics (NASDAQ:IPGPGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.19. IPG Photonics had a return on equity of 2.35% and a net margin of 2.66%.The firm had revenue of $250.79 million during the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. On average, equities analysts expect that IPG Photonics will post 1.54 earnings per share for the current fiscal year.

About IPG Photonics

(Get Free Report)

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

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Analyst Recommendations for IPG Photonics (NASDAQ:IPGP)

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